Bursa M'sia posts higher Q1 earnings on record operating revenue


An analyst told Bernama that the macro factors expected to affect the FTSE Bursa Malaysia KLCI next week, includes the Group of Seven(G7) meeting as investors search for clues on the trade outlook, as well as the timing of the next interest rate hike by the US Federal Reserve (Fed) which meets on June 12.

KUALA LUMPUR: Bursa Malaysia Bhd's first quarter earnings ended March 31, 2018, rose 12.6% to RM63.78mil as it posted record-high quarterly operating revenue of RM144.8mil.

The stock exchanged said total revenue for the quarter rose 5.6% to RM150.71mil versus RM142.69mil in the year-ago quarter due mainly to higher revenue contribution from the securities market, which grew 13.5% to RM76.3mil.

 Average daily trading value for the securities market’s on-market trades grew a further 14.2% to RM2.7bil in the first three months of 2018.

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